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On The Move: 8 Real
Estate Tips For Finding
Your Perfect Home

home equity articles and tips

 

Purchasing your first home is something that typically comes after years of preparation and anticipation. And while there is plenty of excitement that typically goes into the process, these buildup of emotion can sometimes lead you to settling on a home that may not be quite perfect for you. Here are 8 real estate tips that you should consider to help you find the perfect home to make memories in for years to come.

Know Your Budget to Avoid Going House Poor

The price for a house can add up in a hurry. Don’t forget that on top of your mortgage, you also will likely have homeowner’s association fees, taxes and other costs that you have to pay on a monthly basis. Many people forget all of these extra costs and end up with a home that becomes a huge financial burden. Instead, be sure that you factor in all of the expenses you’ll have, to assure your home doesn’t make you house poor.

What You Can Live With versus What You Can’t Live Without

If this is your home, it should have everything you want. However, you may have to quickly learn that there are some sacrifices you’ll have to live without. It’s important that you figure out what you need from a home, rather that what would just be nice to have. And then try and find somewhere that is a great middle ground so you can live with both. Wither this list includes having a quick move in date or a pool in the backyard. Just know what you need and what could be thought about at a later date.

Do Personal Research

Your home is a major investment. Therefore, it’s important that you do all of the personal research you can into prospective homes. No matter how much other people suggest you buy a home for whatever reasons you have, make sure that you do the proper due diligence to ensure that your investment is something you are happy with.

Consider Your Family Needs

If you plan on expanding your future in the near future, you should plan for this. Trying to move once your family gets larger can be difficult, and it’s much easier to just plan for this with your initial purchase.

Look Past What’s There

Don’t be fooled by the way a home looks from the outside. Instead, consider what you can do with renovations or home improvement. In some cases, you can find a great home for less expensive, and then make some additions that make it truly perfect.

You Can’t Change Location

And while you should pay close attention to what you can do inside, keep in mind that you can’t change where your home is located. Therefore, location should be a top priority and something that you factor into your purchase.

An Inspection Is Worth The Investment

Paying for a home inspection can cost you a bit more money, but it can be worth it in the long run. A home inspection will often find underlying issues with your home and be able to give you a better idea as to whether or not it’s a worthy investment.

And So Is A Real Estate Agent

Along with a home inspector, getting a real estate agent is also worthy of considering. Agents know the market and how to find the perfect home, as well as tips and tricks to getting the best final price. Paying commissions and fees for a real estate agent may save you money and time, rather than doing it on your own.

You can have the perfect home with proper due diligence and effort into the search. Consider these 8 tips and you’ll be in your new home before you know it.

Brionna Kennedy is native to the Pacific Northwest, growing up in Washington, then moving down to Oregon for college. She enjoys writing on fashion and business, but any subject will do, she loves to learn about new topics. When she isn't writing, she lives for the outdoors. Oregon has been the perfect setting to indulge her love of kayaking, rock climbing, and hiking.